Woodworking Industry News

Woodworking Industry News

Fortune Brands acquires residential hardware brands

Fortune Brands Home & Security Inc., an industry-leading home and security products company, announced it has entered into a definitive agreement to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential smart home locks business from ASSA ABLOY Inc. for a purchase price of $800 million, or approximately $700 million net of tax benefits.

Woodworking Industry News

Madison Report: New home sales take wild ride

VANCOUVER, BC, -- Sales of new homes in the US have bumped up and down for the second half of this year and recovered upward once again in October. While it is true that a slowdown is apparent in both construction and home buying activity, it is important to note that new building activity year-to-date remains almost even compared to January - October of 2021.

Woodworking Industry News

Man killed in workplace accident

SALINA, Kan. -- The Salina County Sheriff’s Office said a man died in an on-the-job accident at a woodworking plant last week. Local news station KWCH said the sheriff’s office reported that around 3:30 p.m. on Wednesday, November 23, emergency crews responded to Crestwood Inc. A worker at the cabinetry business was trapped under a 1,800-pound load of wood.